Luxury's Chess Masters Prepare for a New Game

Luxury's Chess Masters Prepare for a New Game

On a sunny day earlier this month , scores of suited men and women found themselves in a low-rise building on the outskirts of Florence, Italy, walking by bright hand-painted murals of birds of paradise, wildflowers and dreamy-eyed women wearing turbans, T-shirts and rhinestone-encrusted sunglasses. The location? The new Gucci ArtLab The occasion? An investor day for Kering, Gucci’s parent company, with Marco Bizzarri, the chief executive of Gucci, taking on a starring role in front of the assembled crowd His topic: A master plan to make Gucci the largest luxury brand in the world “It’s not a question of if,” he said, “but when” The brand had just posted record annual sales of 62 billion euros, or about $71 billion, in 2017, a 45 percent increase from the prior year.

Now it planned to reach €10 billion in annual sales and a 40 percent operating margin by 2019. To do so, Kering, which . More

Popular products near you

Popular Posts

Décor, Collectibles, Vintage Fashion & Jewelry

169 ItemsSale #20DCC634. Décor, Collectibles, Vintage Fashion & Jewelry. 8 ...

read more

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold ...

Freeform Boulder Opal pair featuring Peacock Green and Blue colours set in 18k white gold earrings w...

read more

A 102-carat 'perfect' diamond could become the most expensive ever sold to online bidder at ...

Sotheby's is set to auction off a 102-carat diamond that could become the most expensive jewel ever ...

read more

Cartier Wedding Band Gold

Cartier Wedding Band Gold. Gold Diamond Wedding Ring · Cartier Trinity Band Ring &midd...

read more

Subscribe to our Newsletter

Get the best news about jewelry and watch industries, products and services